Reservoir Media (RSVR) CFO has 13,395 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reservoir Media, Inc.’s Chief Financial Officer, James A. Heindlmeyer, reported routine share dispositions tied to tax withholding rather than market sales. On May 31, 2026, a total of 13,395 shares of common stock were withheld in connection with the vesting of restricted stock units at $10.32 per share.
The Form 4 shows two tax-withholding dispositions of 6,963 shares and 6,432 shares, each priced at $10.32, with the CFO continuing to hold a substantial direct stake after these non‑market transactions. These events reflect standard equity compensation tax handling, not open‑market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Heindlmeyer James A
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock, $0.0001 par value | 6,432 | $10.32 | $66K |
| Tax Withholding | Common stock, $0.0001 par value | 6,963 | $10.32 | $72K |
Holdings After Transaction:
Common stock, $0.0001 par value — 77,974 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares total: 13,395 shares
First tax-withholding block: 6,963 shares at $10.32/share
Second tax-withholding block: 6,432 shares at $10.32/share
+2 more
5 metrics
Tax-withheld shares total
13,395 shares
F-code tax-withholding dispositions tied to RSU vesting
First tax-withholding block
6,963 shares at $10.32/share
Common stock, F-code on May 31, 2026
Second tax-withholding block
6,432 shares at $10.32/share
Common stock, F-code on May 31, 2026
Shares following first transaction
71,011 shares
Direct common stock holding after 6,963-share withholding
Shares following second transaction
77,974 shares
Direct common stock holding after 6,432-share withholding
Key Terms
restricted stock units, tax withholding obligations, Chief Financial Officer, Common stock, $0.0001 par value
4 terms
restricted stock units financial
"in connection with the vesting of restricted stock units to cover the Reporting Person's tax withholding obligations"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"withheld by Reservoir Media, Inc. in connection with the vesting of restricted stock units to cover the Reporting Person's tax withholding obligations"
Chief Financial Officer financial
"Heindlmeyer James A, Chief Financial Officer"
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
Common stock, $0.0001 par value financial
"security_title: Common stock, $0.0001 par value"
FAQ
What insider transaction did Reservoir Media (RSVR) disclose for its CFO?
Reservoir Media disclosed that CFO James A. Heindlmeyer had company shares withheld to cover tax obligations. The Form 4 reports tax-withholding dispositions totaling 13,395 common shares in connection with restricted stock unit vesting, rather than open-market sales or purchases.
Does the Reservoir Media (RSVR) Form 4 show open-market sales by the CFO?
The Form 4 does not show open-market sales by the CFO. Instead, it reports F-code transactions, meaning shares were withheld by the company to satisfy tax liabilities triggered by restricted stock unit vesting for the executive.